Mountain_Mike
Recycles dryer sheets
- Joined
- Feb 16, 2005
- Messages
- 239
For those who want the utmost in smplicity, what is wrong with the strategy of placing the bulk of one's portfolio in tax exempat bond funds, such as Vanguard's CA LT Tax Exempt Investor fund:
1 Year 3 Year 5 Year 10 Year Since Inception
04/07/1986
CA LT Tax-Exempt Investor 2.65% 5.99% 6.38% 6.33% 7.00%
Except for the past year (2.65%) the fund seems to perform much better than the 4% FIRE standard. ...7% average return since 1986. Plus, if you live in California, NO TAXES!!!
Is this too simlistic??
1 Year 3 Year 5 Year 10 Year Since Inception
04/07/1986
CA LT Tax-Exempt Investor 2.65% 5.99% 6.38% 6.33% 7.00%
Except for the past year (2.65%) the fund seems to perform much better than the 4% FIRE standard. ...7% average return since 1986. Plus, if you live in California, NO TAXES!!!
Is this too simlistic??